Randy Plavajka

The funding will be used by North Development alongside a $40m loan from Core Capital to build the 35-story Domus Brickell Center residential tower.

Nuveen Green Capital issued its largest-ever C-PACE debt this week via a $290m mid-construction loan for a Tampa mixed hotel and residential development.

The category record financing will be paired with a $230m loan from Sculptor to fund Two Roads’ development of the Pendry Hotel & Residences in the Florida city.

The Los Angeles-based manager has used the fund to add exposure to logistics, data centers, multifamily and mixed-use assets.

Senior and mezzanine financing will be used to develop the 60-story, mixed-residential Paramount Nashville tower.

RXR and Elliot Investment Management are purchasing 590 Madison Avenue for $1.08bn from the State Teachers Retirement System of Ohio.

The Trump administration’s order to allow private alternative investments in defined contribution plan portfolios will require managers to take a different fund design tack.

The fresh round of financing will see Flow and Yellowstone Trust added as majority owners of the Brickell-area mega-development formerly spearheaded by Chetrit Group.

Volume ticked up 65% in May and June compared with the previous two month period.

The funding will be used for the completion of the first phase of Cotino, a 1,900-unit master-planned community in Rancho Mirage, California.